Property Management in Scottsdale AZ

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Vacation Homes 2.0

The vacation home rental market is a vibrant and young industry that we fully embrace. We carefully design and renovate our homes specifically for the vacation rental market.  We then created our own management system with concierge service. We plan to build from this model ultimately establishing a distinguished, reliable and trusted luxury brand by hand selecting and purchasing the best homes in the most desired locations across the country. 

The vast majority of vacation rentals are “second homes”. Owners do not view them as a business but as an additional source of income. This attitude translates into an unpredictable experience for the vacationer in booking requests, property quality and attention during their stay. 

Local Scottsdale property management companies prey on these homeowners by charging massive commissions to manage their properties for them. They aggressively market these homes for the sole purpose of generating commissions. There is no quality control; no vested interest in the property or the guest leading to a certain level of mistrust and disillusionment. Pictures do not match reality, furniture is worn and dated. Sometimes the property is not even habitable.

What sets us apart is our approach to Scottsdale property management. Our plan is to become the most distinguished landlord in the industry. Our name is on each property and our attention is on each guest. It is personal. The results speak for themselves with the highest ratings and glowing comments in our guest books and online surveys.

Target Assets

The majority of residential investment funds are focusing on entry-level, single-family homes for long term rentals.

Our plan is to concentrate on Class-A, luxury assets in the most desired locations in the U.S. and around the world. This strategy will develop an exclusive and unique portfolio while generating returns higher than traditional low-income rentals. Currently, we have been generating 2-3 times the gross revenue of annual rental homes on a short-term basis.

Target assets are unique, located in the most desired destinations around the world. This formula should produce higher appreciations than homes recycled by other funds and provide a more divergent and risk-averse portfolio.

Year over year, trips taken with children, extended family and friends represent one of the only consistently rising types of leisure travel. What’s more, nearly one-quarter (23%) of leisure travelers are grandparents, and more than one-third (37%) have traveled with their grandchildren on one or more leisure trips during the past 12 months. As this “togethering” trend increases in popularity, travelers are selecting vacation rental homes for a sense of privacy and comfort under one roof. (MMGY Global/Harrison Group)


Scottsdale Property Management and Marketing

We only manage properties handpicked villas. The result - absolute quality control over design, amenities, and service.

To stay ahead of our competition, we partnered with over 100 distribution channels and travel agencies worldwide. To make our Scottsdale Property management system most effective, we use a leading hospitality and vacation rental software company.

This platform allows us to manage multiple inquiries, calendars, listing edits, and photo changes from multiple channels, on a single dashboard. We can implement our own quality control and check systems to communicate directly with cleaning staff, handymen, and even guests. Any special requests from tenants push to all team members’ communication devices for optimal response time and collaboration. Check systems have to be completed through the app modules by maintenance and cleaning staff securing thorough attention to detail. This results in consistent communication and quality control while reducing expenses significantly.

Ultimate quality control, family run customer service, and market saturation lead to unparalleled returns on investments.

Why are guest picking Vacation Rentals?

  • Spend less but get more room than a hotel.
  • More space – the average vacation rental home is 1850 sq. ft. vs. the average hotel room that is 325 sq. ft.
  • More Privacy – plenty of space, comfort and little disturbance; perfect for family time.
  • Kitchen – prepare a quick meal; save from having to eat out.
  • Authentic experience in your travel destination.
  • More opportunities to create lasting memories with family and friends.
  • Easy to find a pet-friendly accommodation in most destinations.

The top five reasons leisure travelers choose vacation rentals as an alternative to staying in a traditional hotel or resort are: (1) Value for price (94%); (2) Privacy (90%); (3) Full kitchen facilities (87%); (4) Amenities (84%); and (5) More space overall (81%).

Americans will continue to seek out more value for what they pay in 2013, which is one of the many reasons vacation rentals are growing as an attractive option. More than nine in 10 (94%) leisure travelers say “value for the price” is the primary reason for choosing vacation rental lodging, as they often provide a huge cost savings as compared to other lodging options. (MMGY Global/Harrison Group)

Year over year, trips taken with children, extended family and friends represent one of the only consistently rising types of leisure travel. What’s more, nearly one-quarter (23%) of leisure travelers are grandparents, and more than one-third (37%) have traveled with their grandchildren on one or more leisure trips during the past 12 months. As this “togethering” trend increases in popularity, travelers are selecting vacation rental homes for a sense of privacy and comfort under one roof. (MMGY Global/Harrison Group)

The emergence of “Celebration Vacations” has boosted the growth of the vacation rental category, as well, with 69% of leisure travelers having taken a vacation to celebrate a special occasion. These trips are ideal for staying in a vacation rental, as there are more people in the average traveling party. (MMGY Global/Harrison Group)

Why Partner with us?

Management:

  • Experience: Family owned and operated business with over 50 years’ experience in customer home building, land development, redevelopment, construction, management and brokerage.
  • Past Success: Over $1.5B in developments sold with numerous award and achievements.
  • Lean & Mean: Everything run in house outsourcing to professionals where needed, keeping operational cost low and quality control high.
  • Proven Method: Significant time and money invested proving our system works.
  • One-Stop-Shop: We do it all from interior design consultation to general contractor services.

Facts and Stats:

-$85 billion  The amount generated by the vacation rental industry in 2010 in the U.S. and Europe.  Source: Radius Global Market Research

-The vacation rental market in the U.S. is poised for what industry leader expect will be explosive growth, thanks to the consolidation of companies offering professional management and marketing of what has traditionally been a highly fragmented product. *Travel Weekly.

-Consumers booked $23 billion in vacation rentals in 2012, constituting 7% of the U.S travel market and about a fifth of the lodging market.

-The top reasons for choosing a vacation rental are home-like amenities, more space and better value for the money. Freedom and privacy are also important but secondary factors.

-Nearly half of all VRMC’s are small businesses, managing fewer than 20 units. Most of these companies are also startups, having entered the market within the last fie years, and nearly all (94%) list their units on vacation rental listing sites, once the domain of RBO properties.

-Europe is now the largest regional market for private rental accommodations, a segment that is increasingly moving from alternative to mainstream as lodging option for travelers. Source: PhoCusWright’s U.S. Vacation Rentals 2009-2014: A Market Reinvented.

Our Story:

We are a generational family owned and operated Scottsdale Property Management business with over 50 years’ experience in custom home building, land development, redevelopment, construction, management, and acquisitions. Originally based in Chicago, we have transitioned our efforts to the Scottsdale area primarily focusing on luxury redevelopments and vacation homes.

Our family has worked together in all facets of the real estate industry since developing our family’s 400-acre homestead. Our goal is the same as it was then - bring quality to life in everything we do, honor our commitments, and family values proceed.

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And Just In Case You Are Still On The Fence…

Amazing Service

Luxury Amenities

Prime Locations

#1

Vacation Rental
Service in Scottsdale

#1

Property
Management
Company

2018

The Best Is Yet To Come!

Real Home Owners

After switching to Parsons Villas to manage my vacation home, my ROI went up significantly.

Bill S.

I love working with Parsons Villas. They’re hands-down the easiest property manager to work with. Ever.

Melissa J.

Parsons Villas showed me how to turn the money I was spending on lodging for my annual vacation into monthly income. I love passive income!

John H.